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USDA and Vietnam's Ministry of Agriculture have approved a pest risk assessment that opens Vietnam to U.S. sorghum for pet food, liquor and aquaculture, poultry and swine feed. The approval follows about five years of work by the U.S. Grains Council, sorghum checkoff and industry groups.
New market access for US sorghum in Vietnam adds export demand for a grain that competes with corn in feed, supporting sorghum prices.
grains.orgMay 5, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
